21st Feb 2008 10:50
Eurasian Natural Resources Corp Plc21 February 2008 21 February 2008 Eurasian Natural Resources Corporation PLC Directorate Change Eurasian Natural Resources Corporation PLC ("ENRC") announces that Mr DauletYergozhin, a representative of the Government of the Republic of Kazakhstan,resigned as Non-Executive Director of ENRC with effect from 20 February 2008. Atthe request of the Prime Minister of the Republic of Kazakhstan, Mr MaratBeketayev, Vice-minister of Justice of the Republic of Kazakhstan, was appointedas Non-Executive Director of ENRC on 20 February 2008 as a representative of theGovernment of the Republic of Kazakhstan in his place. ENRC has been advised that this Board change is the result of a reallocation ofthe responsibility for ENRC within the Government of the Republic of Kazakhstan. Mr Beketayev (31) graduated in 1998 from the Kazakh State Law Institute. In 2000he completed an LLM in International Business Law at the London School ofEconomics. Before appointment to the post of Vice-minister of Justice, Mr.Beketayev was Adviser to the Prime Minister of the Republic Kazakhstan. Thereare no disclosures to be made under Rule 9.6.13 (2) to (6) of the Listing Rules. - ENDS - For further information, please contact: ENRCMounissa Chodieva +44 (0) 20 7389 1879James S Johnson +44 (0) 20 7389 1862 M: CommunicationsHugh Morrison +44 (0) 20 7153 1534Edward Orlebar +44 (0) 20 7153 1523Julia Kalcheva +44 (0) 20 7153 1517 About ENRC Eurasian Natural Resources Corporation PLC is a leading diversified naturalresources group with integrated mining, processing, energy, logistical, andmarketing operations. It is the world's largest producer of ferrochrome, basedon chrome content, the world's sixth largest iron ore exporter by volume andworld's fifth largest supplier of traded alumina by volume. The Group's revenueswere US$3,256 million for the year ended 31 December 2006 and US$1,856 millionfor the six months ended 30 June 2007. EBITDA (pre exceptional items) wasUS$1,256 million for the year ended 31 December 2006 and US$797 million for thesix months ended 30 June 2007. For further information please see the Group'swebsite at www.enrc.com. Forward looking statements This document includes forward-looking statements that reflect the current viewsof the Company's management with respect to future events. These forward-lookingstatements include matters that are not historical facts or are statementsregarding the Company's intentions, beliefs or current expectations concerning,among other things, the Company's results of operations, financial condition,liquidity, prospects, growth, strategies, and the industries in which theCompany operates. Forward-looking statements are based on current plans,estimates and projections, and therefore too much reliance should not be placedupon them. Such statements are subject to risks and uncertainties, most of whichare difficult to predict and generally beyond the Company's control. The Companycautions you that forward-looking statements are not guarantees of futureperformance and that if these or other risks and uncertainties materialise, orif the assumptions underlying any of these statements prove incorrect, theCompany's actual results of operations, financial condition and liquidity andthe development of the industry in which the Company operates may materiallydiffer from those made in, or suggested by, the forward-looking statementscontained in this document. In addition, even if the Company's results ofoperations, financial condition and liquidity and the development of theindustry in which the Company operates are consistent with the forward-lookingstatements contained in this document, those results or developments may not beindicative of results or developments in future periods. The Company does notundertake any obligation to review or confirm analysts, expectations orestimates or to release publicly any revisions to any forward-looking statementsto reflect events that occur or circumstances that arise after the date of thisdocument. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
ENRC.L